Sharjah’s real estate sector maintained its strong pace in May, recording property transactions worth AED3.1 billion ($844 million) across 7,119 deals, highlighting sustained demand from investors and end-users across the emirate.
According to figures released by the Sharjah Real Estate Registration Department, sales transactions covered approximately 9.5 million square feet during the month, reflecting broad-based activity across residential, commercial and industrial segments.
Ownership certificate transactions accounted for the largest share of overall activity, reaching 2,902 deals, or 40.8 percent of total transactions. Ownership deeds followed closely with 2,776 transactions, representing 39 percent of the market. Mortgage transactions totaled 718 deals, equivalent to 10.1 percent of all activity, with a combined value of AED934.7 million.
Initial sales contracts contributed 513 transactions, while valuation-related procedures reached 210 transactions.
Property sales were spread across 115 locations throughout Sharjah. The market registered 913 land sales, alongside 683 transactions involving subdivided units and 255 transactions linked to developed land.
The largest single transaction of the month took place in Al Sajaa Industrial, where a plot changed hands for AED92 million. Al Mamzar hosted the biggest mortgage deal, involving land valued at AED80 million.
In total, Sharjah recorded 1,851 sales transactions during May.
Sharjah City remained the engine of market activity, accounting for 1,315 sales deals. Muwaileh Commercial led the city with 328 transactions, followed by Al Khan with 218, Rodhat Al Sidr with 158 and Mezairah with 59.
When measured by value, Muwaileh Commercial topped the rankings with AED276.6 million in traded property, ahead of Al Sajaa Industrial at AED190.1 million. Al Menhaz and Tilal followed with AED150 million and AED145.3 million respectively.
The Central Region generated 440 sales transactions, with Al Belaida emerging as the most active district after recording 133 deals. Industrial Area 4 led the region in transaction value, reaching AED77.8 million.
Meanwhile, the Eastern Region, which includes Kalba, Khor Fakkan and Dibba Al Hisn, registered 96 sales transactions. Al Mudeifi stood out as the busiest area, recording 29 deals and the highest trading value in the region at AED31.6 million.
The figures underscore Sharjah’s continued appeal as a real estate destination, with activity remaining diversified across multiple districts and property categories.
